Dd.111 i added this other question because it was answered incorrect previously and i cant redeemed it. i will truly appreciate it if you can answer it . thank you Equivalent Units of Conversion CostsThe Rolling Department of Jabari Steel Company had 800 tons in beginning work in process inventory (60% complete) on October 1. During October, 15,600 tons were completed. The ending workin process inventory on October 31 was 1,200 tons (25% complete).What are the total equivalent units for conversion costs?16,380 X unitsFeedback Cost of Units Completed and in ProcessThe charges to Work in Process-Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning ofproduction.Work In Process-Assembly DepartmentBal, 30,000 units, 40% completedDirect materials, 400,000 units $11.25Direct labor1,075,500 to Finished Goods, 406,000 units4,500,0004,012,00020,060,000Factory overheadBal., 2 units, 30% completedCost per equivalent units of $11.25 for Direct Materials and $60.00 for Conversion Costs.a. Based on the above data, determine the different costs isted below.1. Cost of beginning work in process Inventory completed this period2. Cost of units transferred to finished goods during the period3. Cost of ending work in process inventory4. Cost per unit of the completed beginning work in process inventory (Rounded to thenearest cent.)b. Did the production costs change from the preceding period?0000c. Assuming that the direct materials cost per unit did not change from the preceding period, did the conversion costs per equivalent unit increase, decrease, or remain the same for the currentperiod?

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Equivalent Units of Conversion Costs The Rolling Department of Jabari Steel Company had 800 tons in beginning work in process inventory (60% complete) on October 1. During October, 15,600 tons were completed. The ending work in process inventory on October 31 was 1,200 tons (25% complete). What are the total equivalent units for conversion costs? 16,380 X units Feedback

Equivalent Units of Conversion Costs The Rolling Department of Jabari Steel Company had 800 tons in beginning work in process inventory (60% complete) on October 1. During October, 15,600 tons were completed. The ending work in process inventory on October 31 was 1,200 tons (25% complete). What are the total equivalent units for conversion costs? 16,380 X units Feedback

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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